Type
Internal restructuring
Country
Poland
Region
Location of affected unit(s)
NA
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

2,500 jobs
Number of planned job losses
Job loss
Announcement Date
2 February 2018
Employment effect (start)
1 March 2018
Foreseen end date
31 December 2018

Description

Swedish construction company Skanska has announced that it will cut 2,500 jobs across Poland through a collective dismissal programme by the end of 2018 (the programme will start in March 2018). The conditions of the programme is being negotiated with the local trade unions. The main reason behind the decision is lower than expected profit. The company will concentrate its activities in the largest Polish cities and improve its organisational and financial effectiveness. 

The source reports the restructuring programme will be also implemented in the Czech Republic and the UK; in total the company plans to cut about 3,000 jobs in 2018.

Currently, the company employs over 4,693 people in Poland.


Sources

  • 2 February 2018: Bankier
  • 3 February 2018: TVN24bis

Citation

Eurofound (2018), Skanska, Internal restructuring in Poland, factsheet number 93244, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93244.